Symbols

FRTY

Alger Mid Cap 40 ETF·ARCA

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Key Stats

Assets Under Management

121.69MUSD

Fund Flow (1Y)

27.37MUSD

Dividend Yield

0.21%

Discount / Premium to NAV

-0.17%

Shares Outstanding

6.15M

Expense Ratio

0.60%

About Alger Mid Cap 40 ETF

Issuer

Alger

Brand

Alger

Home Page

https://www.alger.com/pages/Products.aspx?productCode=2490

Inception Date

Feb 26, 2021

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Fred Alger Management LLC

Distributor

Fred Alger & Co., Inc.

FRTY holds approximately 40 companies in its portfolio — selected from the Russell Midcap Growth Index or the S&P Midcap 400 Index — based on the adviser's highest conviction in the space. The fund focuses on the constituents' growth characteristics and experiences regarding Positive Dynamic Change which, based on the fund adviser's proprietary methodology, entails High Unit Volume Growth or Positive Lifecycle Change. Unlike other traditional ETFs, FRTY does not publicly disclose its portfolio holdings daily. It provides a Verified Intraday Indicative Value (VIIV) to provide additional information regarding the indicative value of shares of the fund. Complete holdings are disclosed monthly with a 60-day lag.